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Sales at retailers were unexpectedly strong last month, suggesting consumers were feeling a little more comfortable to spend and improving prospects for first-quarter economic growth.
Retail sales rose 0.5 percent as consumers stepped up spending not only on essential goods but luxury items as well, the Commerce Department said on Friday.
Optimism over the increase [...]
Thu, Feb 4 2010, 03:27 GMT
by ecPulse.com analysis team
A report today showed retail sales in Australia unexpectedly dropped for the first time in five months as loan repayments increased after the Reserve Bank raised interest rates three straight meetings in October, November and December. Policy makers may decide keeping borrowing costs [...]
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
SEATTLE (Reuters) – Microsoft Corp posted a bigger-than-expected 60 percent jump in quarterly profit, helped by strong sales of Windows 7, and said it expected business technology spending to recover this year.
The world’s biggest software maker said on Thursday that net profit came to $6.7 billion, or 74 cents per share, for its fiscal [...]
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
Existing Home Sales, CC, FS, Durable Goods Orders, and Gross Domestic Product
Mon, Jan 25 2010, 06:51 GMT
Existing Home Sales (December, Monday 10:00 ET)
Forecast: 5.75M Consensus: 5.90M Previous: 6.54M
Existing home sales are expected to drop in December, as indicated by the 16% decline in pending home sales. The strong growth [...]
U.S. retail industry sales seen up 2.5 percent for 2010
SAN FRANCISCO (Reuters) – U.S. retail sales should rise 2.5 percent this year, signaling that store chains have made it through the worst of the downturn as improvements in the housing and job markets bolster shoppers’ confidence, a trade group forecast on Tuesday.
The 2010 [...]
Apple’s Mac sales shine, iPhone lags Street view
SAN FRANCISCO (Reuters) – Apple Inc posted better-than-forecast Mac sales and strong growth in Asia and Europe, but iPhone shipments came in just below Wall Street’s somewhat heightened expectations.
The stock edged 1 percent higher in after-hours trading, building on a 2.7 percent rise on Nasdaq during [...]
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